Freehold mixed-use retail and residential investment

Key Points

• Set within the attractive village of Old Basing
• Current Gross Rent reflecting £84,420 pax
• New lease granted to The Topiary May 2022 and January 2023
• Upper parts converted to 4 apartments in 2017

Description

The premises are arranged over ground and two upper floors. The ground floor and part first floor are divided to provide three self contained commercial units occupied by two tenants, The Topiary Hair and Beauty Salon and All Aspects Letting Services.

The first and second floors comprise of 4 self-contained flats, which were converted to a high standard in 2017. 3 x1 bedroom, and x1 2 bedroom. The flats are accessed via a rear communal staircase.

Externally there are 5 parking spaces to the rear of the property, allocated to the apartments. Whilst at the front of the property there are 12 parking spaces allocated to the commercial tenants.

Please review the tenancy schedule found on the third page.

Location

Situated in the heart of the village of Old Basing in Hampshire. Conveniently accessible to Basing House ruins, Basingstoke Town Centre and Chineham Shopping Centre.

Old Basing has a population of 7,300 and has a range of amenities including pubs, cafes and newsagents. Old Basing is well connected with access to the A30 towards Hook and Junctions 5 & 6 of the M3 Motorway.

Viewings

For an appointment to view or further information please contact the agent.

Terms

The property is FOR SALE freehold subject to the current tenancies at a guide price of £1,350,000.